Financial results for the 2024 third quarter (Q3) reveal net profits for two U.S. LCCs, losses for another two budget carriers and a struggling Spirit Airlines.
Hurricanes Helene and Milton have had an outsized impact on Allegiant Air operations, with about 25% of its seat capacity still affected to varying degrees.
Boeing delivery delays continue to hamper Allegiant Air, as the ULCC no longer anticipates placing any MAX aircraft into service during the first half of 2024.
Allegiant Air has climbed back up from a 2022 position it describes as “the bottom of the industry, operationally” and sees a clear direction for improvements.
Boeing is withdrawing its request for a time-limited exemption covering a de-icing system that would have allowed the 737-7 to be certified with a known noncompliance.